Infusion Nurses Society Inc
- Assets
- $5.7m
- Revenue
- $3.3m
- Investments
- $4.6m
- Employees
- 15
- Location
- Norwood, MA
- Founding
- 03/1977
- Data as of
- 12/2021
- EIN
- 04-2765259
Organization Overview
Infusion Nurses Society Inc is located in Norwood, MA. The organization was established in 1977. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2022, Infusion Nurses Society Inc employed 15 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Infusion Nurses Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Infusion Nurses Society Inc generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND CREATE PUBLIC AWARENESS OF IV NURSES NEEDS AND TO ENCOURAGE RESEARCH AND REPORTING OF RESEARCH DEVELOPMENT BY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF IV NURSES, PUBLIC AWARENESS FOR IV NURSES NEEDS IN HOSPITALS; ENCOURAGEMENT OF RESEARCH ACTIVITIES BY MEMBERS AND THE REPORTING OF RESEARCH DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Alexander CEO | OfficerTrustee | 40 | $291,413 |
Inez Nichols President | Trustee | 0 | $0 |
Sue Weaver Presidential Advisor | Trustee | 0 | $0 |
Joan Couden Secretary/ Treasurer | Trustee | 0 | $0 |
Nancy Bowles Director At Large | Trustee | 0 | $0 |
Pamela Mcintyre Director At Large | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $642,489 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $642,489 |
| Total Program Service Revenue | $2,163,898 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $273,799 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,326,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $672,046 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $975,981 |
| Pension plan accruals and contributions | $100,000 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,525 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,232 |
| Office expenses | $7,818 |
| Information technology | $52,207 |
| Royalties | $0 |
| Occupancy | $170,160 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $249,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,798 |
| Insurance | $15,915 |
| All other expenses | -$151,270 |
| Total functional expenses | $2,652,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632,022 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,657 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,308 |
| Prepaid expenses and deferred charges | $112,707 |
| Net Land, buildings, and equipment | $208,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,615,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,678 |
| Total assets | $5,684,507 |
| Accounts payable and accrued expenses | $126,106 |
| Grants payable | $0 |
| Deferred revenue | $191,994 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $318,100 |
| Net assets without donor restrictions | $5,118,653 |
| Net assets with donor restrictions | $247,754 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,684,507 |